A favorite quote- “"I know the price of success: dedication, hard work and an unremitting devotion to the things you want to see happen.".” ~Frank Lloyd Wright Holiday Reading List: Eating to Extinction by D. Saladino, Power Failure by W. Cohan and Geopolitical Alpha by M. Papic. I keep an old-fashioned recipe file and track the number of times I make it. Looking back at 2022 the following was my go-to meal being made 27 times as of … [Read more...]
Archives for December 2022
Thoughts as 2022 Ends
Albert Einstein once said, “It is not that I’m so smart but I stay with the questions much longer”. This year has been one that required continual questioning to understand all that impacted the global economy, our client’s changing needs as they move from pandemic living, and the direction of the financial services industry. The most challenging event to navigate was also the most welcome, interest rates increased. For many years, investment … [Read more...]
LPL Research’s Outlook 2023: Finding Balance
LPL Research’s Outlook 2023: Finding Balance is LPL's guide to how the readjustments in the economy and markets may impact you in the coming year. The disruptions may not be fully resolved and there may be more challenges to come, but progress toward finding balance is well underway. And when those disruptions hit the market, it can be hard to find our footing and stay the course. Those are the times when sound financial advice is more valuable … [Read more...]
Markets Don’t Wait for Official Announcements
Some investors may worry about the stock market sinking after a recession is officially announced. But history shows that markets incorporate expectations ahead of economic reports. The global financial crisis offers a lesson in the forward-looking nature of the stock market. The US recession spanned from December 2007 to May 2009, as indicated by the shaded area in the chart. But the official “in recession” announcement came in … [Read more...]